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Mariana has progressed to Year 2 of the option agreement on Soledad by making an option payment for US$75,000 and committing to a US$650,000 work programme. This has been based on positive results on a completed 2,084m drill campaign. The second part of the work programme will focus on testing ...(Source: Directors Talk)

John Meyer, SP Angel, picks International Ferro Metals, which has ‘excellent’ management, and Kefi, which is due to produce first gold in early 2015,and has all-in cash costs of just $600 per ounce, giving it a substantial margin.

John Mayer, mining analyst at SP Angel, looks at the investment and trading environment in the mining sector. He highlights the falling prices, and says that in regard to iron ore especially, the majors are pursuing a strategy to ‘force a lot of producers’ out of business.

John Meyer, partner at boutique mining house SP Angel, said the mood of the Mines & Money conference in London has been more upbeat than has been the case in recent years. He also said he has spied some new institutional funds “putting out feelers”, which bodes well for investors coming back into the sector.